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Puerto Rico has once again advanced to the quarterfinals of the World Baseball Classic. As if anything else should have been expected, even given the circumstances.

Stellar pitching and one big swing of the bat – Martín Maldonado’s three-run double in the bottom of the second inning – proved more than enough to subdue Cuba and register a 4-1 victory on March 9 to clinch Pool A and punch the Boricua’s ticket to Houston.

In front of an overflow partisan crowd of 20,000-plus at Estadio Hiram Bithorn, Puerto Rico held Cuba to just two hits and one unearned run. Yankees farmhand Elmer Rodríguez pitched three scoreless innings and a procession of four relievers – capped by All-Star closer Edwin Díaz – gave up just one hit and one unearned run.

Puerto Rico has advanced out of the group stage in all six World Baseball Classics, joining Japan in that exclusive circle. Cuba still has a shot to go forward for the sixth time as well, needing just a win over Canada – or a Puerto Rico win over the Canadians – to reach the quarterfinals.

The Puerto Ricans have no such worries; this night was a relative breeze after a 4-3, 10-inning win over Panama that required erasure of one-run deficits in the ninth and 10th before Darell Hernaiz’s walk-off home run incited bedlam.

On this night against Cuba, relievers Jovani Moran, Yacksel Rios, Fernando Cruz and Díaz pitched carefully and effectively to a veteran Cuban lineup, getting all the runs they needed when Maldonado, the 39-year-old team sage, turned on a slider down the third base line, steering it just fair to score three runs. Cleanup hitter Carlos Cortes added a fifth-inning sacrifice fly.

That was a plenty big enough cushion for Díaz, who set down Cuba in order on just 12 pitches after his signature Timmy Trumpet intro got the crowd predictably hype. The final strikeout set off a raucous celebration in San Juan’s signature stadium in this year that insurance problems decimated the roster before the event began.

Puerto Rico maintains 4-1 lead into bottom of eighth

We’ve reached the elite major league portion of Puerto Rico’s bullpen and it’s just as daunting as the rest of it. Yankees reliever Fernando Cruz recorded two strikeouts in the top of the eighth inning, providing a bridge to peerless closer Edwin Diaz as Puerto Rico maintains a 4-1 lead against Cuba.

Cruz’s second strikeout came courtesy of a two-strike pitch clock violation of Erisbuel Arruebarrena, providing an unexpected thrill for the crowd of 20,000-plus at Estadio Hiram Bithorn in San Juan.

Diaz will face the Nos. 6, 7 and 8 spots in Cuba’s order.

Puerto Rico needs six outs with 4-1 lead

Puerto Rico is getting closer and closer to a trip to Houston. The host squad in Pool A needs just six more outs to subdue Cuba, win the group and advance to the quarterfinals – and three of those outs figure to come courtesy of All-Star closer Edwin Díaz.

Puerto Rico has received four innings of one-hit relief from Jovani Moran and Yacksel Rios, with the lone run surrendered coming on an error following a throw from the outfield. And Díaz, the new Los Angeles Dodgers closer, is poised to punch the ticket.

Cuba gets on board, but Puerto Rico maintains 4-1 lead

Puerto Rico’s nearly perfect night of pitching was dashed in the top of the sixth, when reliever Yacksel Rios hit a batter and gave up an RBI double to Cuban slugger Alfredo Despaigne. But the veteran major league reliever still struck out three batters in the inning, including Omar Hernandez to end the threat, and Puerto Rico holds a 4-1 lead with just nine outs to get to win Pool A.

The Boricua extended their lead in the bottom of the fifth when Cuban reliever Josimar Cousin, battling a blister, gave up a double to Heliot Ramos and yielded a sacrifice fly to Carlos Cortes, giving Puerto Rico a 4-0 lead. Yet it’s still close – and getting late – at Estadio Hiram Bithorn.

Josimar Cousin keeps Cuba in it as Puerto Rico leads 3-0

Josimar Cousin, who reached Class AAA with the Chicago White Sox, has kept Cuba close in its battle against a major league-laden lineup from Puerto Rico. Cousin, a 6-3, 230-pound 28-year-old, inherited a bases-loaded, one-out situation in the second inning, got out of that jam and began a run of eight straight batters retired for Cuba as the game enters the fifth inning

Cousin pitched in the White Sox organization in 2023 and 2024 and spent last season in Mexico. On this night, he loomed large for Cuba. Puerto Rico still leads this winner-moves-on battle 3-0, but it’s still very much a game thanks to Cousin.

Elmer Rodríguez shows Yankee bosses his mettle for Puerto Rico

It didn’t seem like the best timing: Shortly before Puerto Rico took on Cuba, the Yankees announced right-hander Elmer Rodríguez was being optioned to minor league camp – just before he took the mound for his squad.

Oh, he probably had a heads-up about it, but Rodríguez nonetheless had a platform his fellow Yankee farmhands did not. And Rodríguez made the most of it, pitching three shutout innings, working around three walks and protecting Puerto Rico’s 3-0 lead.

The 22-year-old struck out three and in his biggest moment, induced a comebacker to start a 1-4-3 double play in the second inning, shortly after a leadoff walk. He also benefited from a nice play by Nolan Arenado – who ranged well into foul ground and threw out Yoan Moncada for the final out of the third. But Rodriguez looked unflappable, striking out three and displaying what appeared to be a relatively slow heartbeat, given the 20,000 or so partisans jammed into Estadio Bithorn..

And with that, perhaps he earned a longer look someday in Yankee camp.

Martín Maldonado clears bases, gives Puerto Rico 3-0 lead over Cuba

The oldest and perhaps wisest member of Team Puerto Rico gave them a massive edge in their showdown against Cuba. Martín Maldonado, the 39-year-old pressed into service after insurance denials kept several Puerto Ricans off the roster, smoked a first-pitch slider off Cuban starter Julio Robaina just past third baseman Yoan Moncada, clearing the bases and giving Puerto Rico a 3-0 lead through two innings.

The rally was keyed largely by MJ Melendez’s 10-pitch at-bat against Robaina, with Melendez finally drawing a full-count walk. Maldonado finished Robaina with one swing, enabling Darell Hernaiz, Emmanuel Rivera and Melendez to chug around the bases and stake Puerto Rico starter Elmer Rodríguez to a healthy lead.

Right-hander Luis Romero came on in relief for Cuba, walked the first two batters he faced but struck out Nolan Arenado and got Carlos Cortes on a pop fly to shortstop, leaving the bases loaded. Puerto Rico may rue that missed opportunity, but still cashed in nicely in batting around.

Cuba, Puerto Rico scoreless after first inning

Both starting pitchers allowed the leadoff batter to reach but then calmed down to post zeroes as Cuba-Puerto Rico completed the first inning. Puerto Rico starter Elmer Rodríguez issued a leadoff walk and fell behind Yoan Moncada 2-0, but Moncada swung at the next pitch and grounded into a fielder’s choice, short-circuting any threat. Puerto Rico leadoff man Willi Castro singled and, with one out, stole second but advanced no further against Cuban lefty Julio Robaina.

Cuba-Puerto Rico underway in San Juan after delay

First pitch came at 8:21 ET before a jam-packed house at Estadio Hiram Bithorn. Puerto Rico starter Elmer Rodríguez might have been a bit too amped up – his first six pitches to Cuban hitters were balls before inducing a fielder’s choice from Yoan Moncada.

Start time set for Puerto Rico-Cuba: 8:20 ET

Stubborn rain has finally moved out of the area of Estadio Hiram Bithorn, at least enough for officials to declare a first pitch time for Cuba and Puerto Rico: 8:20 p.m. ET, or about an hour and 15 minutes after the originally scheduled first pitch.

At last, certainty.

Rain delays start of Puerto Rico-Cuba

This highly-anticipated Caribbean matchup will have to wait just a bit longer. Rain in San Juan has delayed the start of Puerto Rico and Cuba, although the teams are in the dugout and the tarp expected to be pulled soon.

Estadio Hiram Bithorn is, alas, the lone WBC venue that is not climate-controlled.

Where to watch Puerto Rico vs Cuba baseball game

  • Time: 7 p.m. ET
  • TV channel: Fox Sports 1
  • Live stream: FoxSports.com // Fubo

Watch Puerto Rico vs Cuba live on Fubo

Puerto Rico, Cuba lineups, starting pitchers

Elmer Rodriguez, a 22-year-old right-hander in the New York Yankees organization, will start for Puerto Rico. Rodriguez reached Class AAA last season and has averaged 10.6 strikeouts per nine innings in his major league career. He’ll be opposed by Cuban lefty Julio Robaina, a 5-11 24-year-old and former Astros farmhand who pitched in independent ball in 2025.

The lineups for both teams:

Cuba lineup tonight against Puerto Rico:

  1. CF Roel Santos
  2. 3B Yoan Moncada
  3. 1B Ariel Martínez
  4. DH Alfredo Despaigne
  5. SS Erisbuel Arruebuena
  6. C Omar Hernández
  7. RF Yoelkis Guibert
  8. LF Leonel Moas
  9. 2B Yiddi Cappe

P: LHP Julio Robaina

Puerto Rico lineup tonight against Cuba:

  1. 2B Willi Castro
  2. CF Heliot Ramos
  3. 3B Nolan Arenado
  4. RF Carlos Cortes
  5. SS Darell Hernaiz
  6. LF Eddie Rosario
  7. 1B Emmanuel Rivera
  8. DH MJ Melendez
  9. C Martín Maldonado

SP: Elmer Rodriguez

Puerto Rico WBC roster

Pitchers: Raymond Burgos LHP, Fernando Cruz RHP, José De León RHP, Edwin Díaz RHP, José Espada RHP, Rico Garcia RHP, Jorge López RHP, Seth Lugo RHP, Jovani Morán LHP, Luis Quiñones RHP, Ángel Reyes RHP, Yacksel Ríos RHP, Eduardo Rivera LHP, Elmer Rodríguez RHP, Gabriel Rodríguez LHP, Ricardo Velez RHP

Catchers: Martín Maldonado, Christian Vázquez

Infielders: Nolan Arenado, Edwin Arroyo, Darell Hernáiz, Emmanuel Rivera, Luis Vázquez

Outfielders: Willi Castro, Carlos Cortes, Matthew Lugo, MJ Melendez, Heliot Ramos, Eddie Rosario, Bryan Torres

Cuba WBC roster

Pitchers: Frank Alvarez RHP, Emmanuel Chapman RHP, Josimar Cousin RHP, Naykel Cruz LHP, Daviel Hurtado LHP, Denny Larrondo RHP, Yoan López RHP, Raidel Martínez RHP, Randy Martinez LHP, Liván Moinelo LHP, Darien Núñez LHP, Julio Robaina LHP, Osiel Rodriguez RHP, Yariel Rodriguez RHP, Luis Romero Jr. RHP, Pedro Santos RHP

Catchers: Omar Hernandez, Andrys Pérez

Infielders: Erisbel Barbaro Arruebarruena, Yiddi Cappe, Ariel Martínez, Yoán Moncada, Malcom Nuñez, Alexei Ramírez, Alexander Vargas

Outfielders: Alfredo Despaigne, Yoelquis Guibert, Leonel Moa, Roel Santos, Yoel Yanqui

This post appeared first on USA TODAY

In official terms, the league’s window for signings won’t truly begin until Wednesday. But noon on Monday ushered in the league’s negotiating period, in which other teams are allowed to contact the representation of pending unrestricted free agents and hammer out a deal.

The action cme together quickly, with news breaking on agreements for top players not long after the so-called legal tampering period began. And the movement didn’t end there, with more trades materializing after the likes of Maxx Crosby, Trent McDuffie, DJ Moore and David Montgomery were shipped off last week.

Here’s a look back at all of Monday’s notable action:

Panthers continue to remake defense with LB Devin Lloyd

The Carolina Panthers didn’t stop at adding edge rusher Jaelan Phillips to reimagine their defense.

Linebacker Devin Lloyd agreed to a three-year, $45 million deal with the team late Monday night, according to reports.

Lloyd is coming off a Pro Bowl campaign for the Jacksonville Jaguars in which he tied for second in the NFL with five interceptions.

In the middle of coordinator Ejiro Evero’s defense, he will be tasked with helping solidify the second level for a group that ranked last in ESPN’s run-stop win rate metric at 26%.

Steelers add bruising back Rico Dowdle

The Pittsburgh Steelers are rounding out a busy day by adding a forceful presence to their backfield.

The team is signing running back Rico Dowdle, according to multiple reports.

Dowdle enjoyed his second consecutive 1,000-yard rushing season in 2025 as a grinding ground threat for the Carolina Panthers.

In Pittsburgh, he should spell leading option Jaylen Warren in new coach Mike McCarthy’s attack.

Seahawks re-up speedy WR Rashid Shaheed

It’s only fitting that Rashid Shaheed would run it back with the Seattle Seahawks, given that’s what the speedy receiver is known for.

Shaheed is re-signing with the Seahawks on a three-year, $51 million deal that includes $34.7 million guaranteed, according to multiple reports.

After arriving in a midseason trade with the New Orleans Saints, Shaheed caught just 18 passes in 12 games including the postseason for Seattle. But he returned a punt and kick for scores, and defenses were forced to account for his field-streching speed.

Raiders continue adding to defense with Nakobe Dean, Quay Walker

While the massive payout to Tyler Linderbaum was the Las Vegas Raiders’ marquee move on Monday, the Silver and Black continue to reshape their defense with veteran additions.

The Raiders on Monday reached agreements with linebackers Nakobe Dean (three years, $36 million) and Quay Walker (three years, $40.5 million).

Both are poised to take over in the middle of new coordinator Rob Leonard’s 3-4 scheme. Former sarters Elandon Roberts and Devin White are both free agents.

Dean, 25, proved particularly disruptive as a blitzer for the Philadelphia Eagles, recording four sacks in 10 games last season. Walker had an uneven four-year run with the Green Backers, who opted to trade for former Pro Bowler Zaire Franklin over the weekend as a likely replacemen at linebacker.

The Raiders also added nickel corner Taron Johnson and defensive end Kwity Paye on Monday while re-signing cornerback Eric Stokes and defensive end Malcolm Koonce.

Broncos’ LB room comes into focus with Alex Singleton in, Dre Greenlaw out

The Denver Broncos’ linebacker group isn’t headed for a shake-up after all.

Alex Singleton is re-signing with the team on a two-year deal worth $15.5 million, according to multiple reports. Meanwhile, Dre Greenlaw is being released.

Singleton’s return, alongside with Justin Strnad gives Denver a sense of continuity at the second level of its defense.

Greenlaw’s time with the Broncos was short-lived after he played in just eight games in his lone season with the organization.

Falcons land QB Tua Tagovailoa

Tua Tagovailoa hasn’t been officially released yet, but the soon-to-be former Miami Dolphins quarterback already has found his next home.

The Atlanta Falcons are expected to sign Tagovailoa to a one-year deal for the veteran minimum, according to multiple reports.

Tagovailoa will not officially be released until the start of the new league year on Wednesday. But the Dolphins have already informed him of his fate, and the passer was able to quickly land on his feet with the Falcons.

Tagovailoa could challenge incumbent starter Michael Penix Jr., who is recovering from a torn anterior cruciate ligament and has yet to receive coach Kevin Stefanski’s full endorsement as his QB1.

‘Yeah, not big on giving out positions in February,’ Stefanski told local reporters at the NFL scouting combine. ‘I think you guys know how I feel about Michael, and I’m excited about his trajectory. I also know he’s focused on his rehab, which is the right thing to do.’

Steelers claim a cornerback in Jamel Dean

After taking care of the positional problem that loomed over their offense by trading for wide receiver Michael Pittman Jr., the Pittsburgh Steelers turned their focus to a key spot on the other side of the ball.

Cornerback Jamel Dean and the Steelers agreed to a three-year, $36.75 million deal, according to multiple reports.

Dean, 29, is coming off a season in which he recorded a career-high three interceptions and allowed the fewest yards per target (4.7) and second-lowest catch rate (43.1%) of any player with at least 50 targets, according to Next Gen Stats.

He slides into the starting role opposite Joey Porter Jr., which had been a stubborn spot for Pittsburgh after Darius Slay Jr. didn’t pan out last year.

Commanders pony up for pass rush with Odafe Oweh

So far, this year’s biggest and most surprising deals have been reserved for pass rushers.

That trend continued later Monday when the Washington Commanders reached a four-year, $100 million deal with Odafe Oweh that included $68 million guaranteed.

It’s a major payout for a player who only started four games last season. But Oweh led the Los Angeles Chargers in pressure (37) after being traded to the team in Week 6, according to Next Gen Stats.

Washington had been searching for ways to electrify a pass rush that didn’t generate much heat off the edge last season, though the team still could be on the market for a defensive end in the first round of the draft.

Packers moving on from Elgton Jenkins

The Green Bay Packers are going ahead with an expected shift at center.

The team is releasing two-time Pro Bowl selection Elgton Jenkins, according to multiple reports.

The Packers saved $19.5 million by parting ways with Jenkins, whose season was cut short in November when he suffered a fractured fibula.

On Sunday, the Packers re-signed Sean Rhyan, Jenkins’ replacement last season, to a three-year, $33 million deal.

Bengals get needed defensive help with Bryan Cook, Boye Mafe

The Cincinnati Bengals are patching up one of their biggest defensive vulnerabilities, while the Kansas City Chiefs continue to lose key figures in the secondary.

Safety Bryan Cook agreed to a three-year, $40.25 million deal, with the Bengals, according to multiple reports.

Cook’s addition shores up a Bengals defense that was repeatedly burned by tight ends in the pass game and trampled by running backs.

The Cincinnati native, who also starred for the University of Cincinnati after transferring from Howard, now gets the chance to make his mark on his hometown team.

Meanwhile, the Chiefs’ secondary has lost its third starter with starting cornerbacks Trent McDuffie and Jaylen Watson headed to the Rams.

The Bengals also added edge rusher Boye Mafe on a three-year deal, his agent Mike McCartney confirmed.

Mafe was stuck in the Seahawks’ deep rotation of pass rushers last season but still made his mark with a career-bes 13.2% pressure rate, according to Next Gen Stats.

In Cincinnati, he’ll shoulder a considerable load for a pass rush poised to lose former NFL sack king Trey Hendrickson as well as Joseph Ossai, who agreed to a deal Monday with the New York Jets.

Titans’ spending spree continues with John Franklin-Myers, Cordale Flott, Alontae Taylor

The Tennessee Titans continue to shell out big money at the start of free agency.

Defensive lineman John Franklin-Myers agreed to a three-year, $63 million deal with the team, according to multiple reports.

The former Denver Broncos standout notched a career-best 7½ sacks in 2025. With inside-outside versatility, he affords new coach Robert Saleh plenty of flexibility along a line that also added edge rusher Jermaine Johnson II.

The Titans also added former New York Giants cornerback Cor’Dale Flott on a three-year, $45 million deal and former New Orleans Saints cornerback Alontae Taylor on a three-year, $60 million contract.

Flott and Taylor help solidify one of the more unsettled areas on Saleh’s defense, with L’Jarius Sneed remaining a cut candidate.

Browns bulk up with Zion Johnson

The Cleveland Browns continue to spend big to overhaul their offensive line.

Offensive guard Zion Johnson agreed with the team to a three-year, $49.5 million contract that includes $32.4 million guaranteed, according to multiple reports.

Johnson is the second major addition to the Browns’ offensive front this offseason after the team also traded for right tackle Tytus Howard, who then struck a three-year, $63 million extension with the team.

With guards Wyatt Teller and Joel Bitonio as well as center Ethan Pocic all no longer under contract, the Browns could have four or five new starters up front.

Mike Evans leaves Bucs, joins 49ers

One of the NFL’s longest-tenured receivers is headed to a new setting.

Six-time Pro Bowl selection Mike Evans is leaving the Tampa Bay Buccaneers for the San Francisco 49ers, his agent, Deryk Gilmore, confirmed Monday. Per multiple reports, Evans has agreed to a three-year contract worth up to $60.4 million.

Gilmore wrote in a statement that the Buccaneers ‘presented a strong offer’ but said that Evans wanted to try something new after spending his entire 12-year career in Tampa.

‘In the end, this decision simply came down to Mike wanting a new challenge and a fresh opportunity while he still feels he has a great deal left to give the game,’ Gilmore wrote. ‘Tampa Bay will always be a special place for Mike Evans, and his respect and gratitude for the organization and its fans will never change.”

Evans will work opposite Ricky Pearsall in a San Francisco passing attack that could prove much more potent next season, so long as George Kittle returns from a torn Achilles and the team isn’t saddled with the same level of injury losses it faced in 2025.

Titans spend big at receiver with Wan’Dale Robinson

One of the more widely speculated deals in NFL free agency has come to fruition.

The Tennessee Titans reached an agreement with wide receiver Wan’Dale Robinson on a four-year, $78 million contract, according to multiple reports.

Robinson links back up with Brian Daboll, the former New York Giants coach and new Tennessee Titans offensive coordinator. Daboll coached Robinson for his entire career until being fired last November.

Coming off a career-best 1,014 receiving yards in 2025, Robinson figures to be a distinct run-after-catch weapon for No. 1 pick Cam Ward, who struggled at times as a rookie to compensate for blocking breakdowns and a lack of skill-position support.

Travis Etienne Jr. heads to Saints

The New Orleans Saints could be instituting a changing of the guard in their backfield.

Running back Travis Etienne Jr. agreed to a four-year, $52 million deal with the New Orleans Saints, according to multiple reports.

Etienne last season re-established himself as a dynamic all-purpose threat for the Jacksonville Jaguars, rushing for 1,107 yards for an offense rejuvenated by Liam Coen’s scheme.

The Saints had seemed due for a jolt to their ground game after ranking 31st in yards per carry. Though New Orleans has stuck by Alvin Kamara, the five-time Pro Bowl ball carrier turns 31 in July.

New Orleans also added offensive guard David Edwards on a four-year, $61 million contract.

Tyler Linderbaum hits jackpot with Raiders

The Las Vegas Raiders opened their free agency war chest and shelled out a record deal.

Center Tyler Linderbaum agreed to a three-year, $81 million deal with the team that includes $60 million, according to multiple reports, making him the highest-paid interior lineman in league history.

A three-time Pro Bowl selection, Linderbaum had been considered by many to be the biggest prize on the market, as he came in as the top unrestricted free agent on Nate Davis’ top 100 rankings.

Now, ahead of Fernando Mendoza’s expected arrival as the No. 1 pick, Linderbaum will be counted on to be the linchpin of a line that surrendered a league-worst 64 sacks last season – though a good number of those could be attributed to since-dispatched starting quarterback Geno Smith.

Bears secure a safety in Coby Bryant

The Chicago Bears are embracing some change in the secondary.

Safety Coby Bryant has agreed to a three-year, $40 million contract with the team, according to multiple reports.

Bryant, who was ranked as the No. 14 overall player on USA TODAY Sports’ free agent rankings, found his footing for the Seahawks in the last two years under coach Mike Macdonald, recording 13 passes and seven interceptions defensed in that span while establishing himself as a versatile coverage piece.

With both Jaquan Brisker and Kevin Byard hitting the open market, Chicago opted to retool at safety.

Bryan could be the first of several notable departures in the secondary for Seattle, which could also lose cornerbacks Riq Woolen.

Isaiah Likely teams back up with John Harbaugh on Giants

John Harbaugh is turning to a familiar figure to help Jaxson Dart and the New York Giants chart a new course.

Tight end Isaiah Likely is joining the team on a three-year, $40 million deal, according to multiple reports.

The move reunites Likely with Harbaugh, who was coach for the dynamic pass catcher’s four-year career with the Baltimore Ravens. Likely will be looking for a fresh start after posting personal lows in receptions (27), receiving yards (307) and touchdowns (one).

New York’s offense could provide him a big opportunity in the passing gam, however, with few established weapons for Dart outside of Malik Nabers, who is working his way back from a torn ACL and meniscus. Wan’Dale Robinson is a free agent and widely expected to depart.

Colts trade WR Michael Pittman Jr. to Steelers

Shortly after securing the future of their receiving corps by re-signing Alec Pierce, the Indianapolis Colts further clarified their outlook at the position by shipping off a former top target.

The Colts are trading Michael Pittman Jr. to the Pittsburgh Steelers as part of a deal involving a late-round pick swap, according to multiple reports.

Pittman will also sign a three-year, $59 million extension with the Steelers, per reports.

Indianapolis clears $24 million in cap space by moving on from Pittman, whose 784 yards last season were his fewest since his rookie season.

In Pittsburgh, Pittman should serve as a complement to top target DK Metcalf, working the intermediate area and middle of the field.

Dolphins snag their QB in Malik Willis

On the same day they bid farewell to the passer they once envisioned as their long-term answer at quarterback, the Miami Dolphins turned to a new figure behind center.

The Dolphins agreed to a three-year deal worth $67.5 million that includes $45 million guaranteed, according to muliple reports.

The move reunites general manager Jon-Eric Sullivan and Jeff Hafley with Willis, who showcased his immense potential in three starts for the Green Bay Packers over the last two years.

Sullivan spoke highly of Willis at the NFL scouting combine.

‘Very happy for Malik on a personal level, the situation that he’s put himself in,’ the GM said. ‘Malik’s a very, very good kid. It’s a testament to him and how he played and the opportunities that he got. As it pertains to the Miami Dolphins, listen, I think I’d be lying to you — any team that is potentially in a quarterback situation, a needy quarterback situation, if they tell you they’re not talking about Malik Willis, that would be a lie. But we’ve talked about a lot of people, a lot of free agents. Malik’s just one of them.’

Panthers make a big splash with Jaelan Phillips

The Carolina Panthers have made one of the boldest moves so far this offseason.

The team agreed to a edge rusher Jaelan Phillips to a four-year, $120 million deal that features $80 million guaranteed, according to multiple reports.

Still only 26, Phillips notched 63 quarterback pressures last season, when he was traded from the Miami Dolphins to the Philadelphia Eagles at midseason.

The Eagles had been trying to bring Phillips back, but the Panthers’ bid won out.

In Carolina, Phillips will serve as the game-changing pass rusher the team had lacked since trading away Brian Burns. The Panthers ranked 24th in pass rush win rate last season, when they counted heavily on rookies Nic Scourton and Princely Umanmielen.

Rams grab another ex-Chiefs CB in Jaylen Watson

The Los Angeles Rams are remaking their secondary by importing the Kansas City Chiefs’ starting cornerbacks.

After last week trading for Trent McDuffie and on Sunday handing him a record-setting extension, the Rams on Monday agreed to a three-year deal with fellow Chiefs standout Jaylen Watson.

At 6-2 and 197 pounds, Watson adds the physical presence against bulkier receivers that had been missing for Los Angeles last year.

With McDuffie and Watson joining a secondary that also features Quentin Lake, Kam Curl and Kamren Kichens, the Rams have transformed one of their biggest vulnerabilities into a potential point of strength.

Kansas City, meanwhile, faces major questions on the back end, with little beyond Kristian Fulton and Nohl Williams at corner. Either the No. 9 overall pick or the No. 29 pick could be used to bring aboard more help in coverage.

Chiefs land their big-ticket RB in Kenneth Walker III

The Super Bowl 60 MVP is heading to another former Lombardi Trophy winner.

Running back Kenneth Walker III agreed the Kansas City Chiefs on a three-year, $45 million deal, according to multiple reports.

Walker, who ran for 1,027 yards last season for the Seahawks and 135 yards against the New England Patriots, will be tasked with rejuvenating a ground attack that cratered last season. Kansas City ranked 25th in the NFL with 106.6 rushing yards per game. Explosive plays were particularly hard to come by, with the offense posting a league-worst three carries of 20-plus yards. Walker was tied for third in the NFL with 10 last year.

Walker becomes the fourth Super Bowl MVP to leave his former team for a new one after winning the award.

The Seahawks now have a sizable hole at running back, where backup Zach Charbonnet is facing an uncertain recovery timeline after suffering a torn ACL in the playoffs.

Raiders keep CB Eric Stokes

The Las Vegas Raiders can check off another box on their lengthy offseason to-do list.

Cornerback Eric Stokes is re-signing with the team on a three-year, $30 million deal, according to multiple reports.

Stokes, 27, had been the veteran presence on a secondary that featured several young corners in Kyu Blu Kelly, Decameron Richardson and Darien Porter. With Stokes back and the team trading with the Buffalo Bills for slot defender Taron Johnson, the Raiders further solidified their outlook on the back end.

Patriots get a pass rusher in Dre’Mont Jones

The New England Patriots missed out on a top free agent target in wide receiver Alec Pierce, but they added another piece at a critical area of need.

Edge rusher Dre’Mont Jones is joining the team on a three-year, $39 million deal, Jordan Schultz reported Monday.

Jones notched a career-high seven sacks last season, when he was traded from the Tennessee Titans to the Baltimore Ravens.

In New England, he’ll be counted on to help bolster a pass rush that had to drastically dial up its blitz rate late in the season to compensate for a lack of edge pressure. Outside linebacker K’Lavon Chaisson is a free agent after his breakout season.

Alec Pierce re-ups with Colts

It went down to the wire, but the Indianapolis Colts got a deal done with their top target.

Wide receiver Alec Pierce is set to return to the team on a four-year, $116 million extension, according to multiple reports.

Coming off his first 1,000-yard season and his second campaign leading the NFL in yards per catch, Pierce was viewed by many as the top receiver on the open market. He did not receive the franchise tag from Indianapolis, which instead issued the transition tag to Daniel Jones.

Now, however, the Colts have a key weapon back in the fold.

Trent Williams trade now a possibility?

Things could be reaching a boiling point between Trent Williams and the San Francisco 49ers.

The team is open to moving the 12-time Pro Bowl if his contract standoff can’t be resolved, NFL Media’s Ian Rapoport reported.

Williams will turn 38 in July but remains one of the league’s premier offensive tackles. If made available, he could be a captivating possibility for several contenders looking to upgrade the protection for their quarterback.

Travis Kelce headed back to Chiefs for 14th NFL season

Travis Kelce won’t be entertaining retirement or a change of scenery anytime soon.

The tight end is expected to re-sign with the Kansas City Chiefs for his 14th NFL season, NFL Media’s Ian Rapoport reported.

Kelce’s return adds an additional degree of comfort to an attack that will be looking to recapture its previous form after last season’s tumble to 6-11. Kelce already spoke of his fondness for Eric Bieniemy, who is returning as the team’s offensive coordinator.

Texans bring back DT Sheldon Rankins

With offensive line questions potentially shaping their offseason, the Houston Texans turned their focus to their other front ahead of NFL free agency.

The Texans are re-signing defensive tackle Sheldon Rankins to a two-year, $12 million contract, according to multiple reports.

Rankins started all 31 games for the Texans last season and had three sacks.

Packers finalizing trade to send Rashan Gary to Cowboys

The Green Bay Packers and Dallas Cowboys are once again partnering up for a notable trade. This time, however, the veteran at the center of the deal is headed to Dallas.

The Packers are finalizing a deal to send Rashan Gary to the Cowboys in exchange for a 2027 fourth-round draft pick, according to ESPN’s Adam Schefter.

Gary, 28, was a Pro Bowl selection in 2024 and recorded 7 ½ sacks last season. But he struggled to generate pressure down the stretch after Micah Parsons and Devonte Wyatt were lost for the season, with his pressure rate reaching a career-low 12.1%, according to Next Gen Stats.

In Dallas, he’ll be reunited with defensive tackle Kenny Clark on a defense seeking to establish a more formidable pass rush for new coordinator Christian Parker after the Parsons trade last August.

Green Bay, meanwhile, clears nearly $11 million in cap space.

Dolphins trade Minkah Fitzpatrick to Jets

Minkah Fitzpatrick is on the move once again, this time to another AFC East rival.

The Miami Dolphins agreed to send the safety to the New York Jets in exchange for the team’s 2026 seventh-round pick from the Los Angeles Chargers, according to ESPN’s Adam Schefter. The Jets will also sign Fitzpatrick to a three-year, $40 million contract.

Fitzpatrick, 29, joined the Dolphins last offseason as part of the Jalen Ramsey trade with the Pittsburgh Steelers.

In New York, he fills a notable void in a secondary that’s still reshuffling in the post-Sauce Gardner era.

He becomes the latest Dolphins castoff, joining Tua Tagovailoa, Bradley Chubb, Tyreek Hill and Alec Ingold, among others.

Jaguars keep CB Montaric Brown

The Jacksonville Jaguars are hanging on to one of the standouts of their opportunistic defense.

Montaric Brown is re-signing with the team on a three-year, $33 million contract, according to multiple reports.

Brown, a seventh-round pick out of Arkansas in 2022, rose to a starting role on the outside early in the year and delivered two interceptions and 12 passes defensed. He and Travis Hunter Jr. could be the top cover men for Jacksonville in 2026, with midseason trade acquisition Greg Newsome II ticketed for free agency.

Dolphins releasing QB Tua Tagovailoa

The Miami Dolphins’ new regime is officially enacting a new era behind center for the team.

The Dolphins are releasing quarterback Tua Tagovailoa with a post-June 1 designation at the start of the new league year on Wednesday, the team announced Monday.

‘As I shared with Tua, I have great respect for the person and player he is,’ new general manager Jon-Eric Sullivan said in a statement. ‘On behalf of the Miami Dolphins, I expressed our gratitude for his many contributions, both on the field and in the community, during his six seasons in Miami.’

The record dead-cap hit of $99.2 million will be spread out over two seasons, per reports, with $67.4 million hitting in 2026 and $31.8 million carried over to 2027. That tops the previous high of $85 million, set by the Denver Broncos in 2024 when they released quarterback Russell Wilson.

Sullivan said at the NFL scouting combine that the team had been keeping its options open on the passer.

‘We’ve had conversations with Tua and his representation,’ the GM said. ‘Everything’s on the table, including the potential of a trade. We don’t know which way that’s going to go. There’s a lot of different factors at play, a lot of conversations being had. … Tua, I thought, even though things didn’t go well at the end of the year, did some good things along the way. And it’s my job to infuse competition into that room along with every other room as we go down the road.’

More cornerback depth for Steelers

The Pittsburgh Steelers liked what they saw from Asante Samuel Jr. enough to sign up for another go-around.

Samuel on Monday agreed to a one-year, $4 million deal with the team, according to ESPN’s Jeremy Fowler.

Samuel signed to the Steelers in late November after taking an extended recovery from an April spinal fusion surgery. He started three games for Pittsburgh, collecting 10 tackles and one interception.

Texans keep G Ed Ingram before NFL free agency starts

The Houston Texans prevented one of their key pieces from hitting the open market.

Offensive guard Ed Ingram agreed to a three-year, $37.5 million deal in advance of the legal tampering period on Monday, according to NFL Media’s Ian Rapoport.

Ingram, 27, was traded from the Minnesota Vikings to the Texans last March in exchange for a sixth-round draft pick. He responded with a strong campaign and had come in at 55th on USA TODAY Sports’ top 100 free agent rankings.

Vikings the favorite for Kyler Murray?

J.J. McCarthy could be feeling some heat in short order.

With the Arizona Cardinals set to officially release Kyler Murray on Wednesday, NFL Media’s Tom Pelissero reported Sunday that the Minnesota Vikings had emerged as the front-runner to sign the veteran quarterback.

Vikings executive vice president of football operations Rob Brzezinski said in February that the team was ‘exploring all possibilities’ to improve quarterback play in 2026. McCarthy struggled in his first year at the helm, sparking questions about whether the team could forge on with the 2024 first-rounder.

Murray, 28, is set to receive $36.8 million in guarantees from Arizona in 2026, so he could be a one-year bargain for a team as he looks to revive his career.

Vikings re-up breakout LB Eric Wilson

At 31, Eric Wilson found his place in the NFL. Now, the linebacker is set to stick around with the Minnesota Vikings.

Wilson agreed to a three-year, $22.5 million contract with Minnesota that includes $12.5 million guaranteed, NFL Media’s Mike Garafolo reported on Sunday night.

Wilson had a breakout season for the Vikings in 2025, recording career highs with 6 ½ sacks and four forced fumbles. He’s the only linebacker since 2020 to have 40 or more quarterback pressures and 20 or more run stuffs, according to Next Gen Stats.

The move gives some degree of continuity for a Vikings defense in flux. The team is parting with defensive linemen Jonathan Allen and Javon Hargrave, while edge rusher Jonathan Greenard’s name has popped up in trade talks.

What time does NFL free agency start?

The NFL’s negotiating window – or legal tampering period – officially opens at noon ET on Monday, March 9. Teams are permitted to contact the agents of pending unrestricted free agents and reach agreements with them, though contracts can not become official until the start of the new league year at 4 p.m. ET on Wednesday, March 11. That is also the first time that trades can officially be processed.

What is the legal tampering period in NFL free agency?

The NFL’s legal tampering period precedes the official start of free agency on Wednesday. It also marks the window in which a majority of the deals are completed for big-name players.

From Monday through Wednesday, any news broken will come in the form of agreements rather than signings, as players can not officially reach new contracts until the start of the new league year.

One new wrinkle this year: Per NFL Media’s Tom Pelissero, ‘For the first time, clubs may conduct one video or phone call (maximum 1 hour) with up to five free agents, rather than communicating strictly through their agents as in past years.’

NFL free agency rankings: Top 100 players on the market

Franchise tags, extensions and trades have a way of thinning out the market. But there are still several big names on Nate Davis’ top 100 free agent rankings for USA TODAY Sports (we’ll exclude Dallas Cowboys wide receiver George Pickens, who received the non-exclusive franchise tag):

  • 1. Tyler Linderbaum, C, Baltimore Ravens
  • 2. Trey Hendrickson, DE, Cincinnati Bengals
  • 3. Jaelan Phillips, OLB/DE, Philadelphia Eagles

Take a spin through the entire list here.

Buyer beware: Who could be some of the riskiest free agents?

In NFL free agency, spending sprees almost inevitably produce some degree of buyer’s remorse.

And while dead-cap hits are no longer the source of immense shame they were in previous years, teams can still be weighed down by whiffing on a veteran or two.

Which players could fit the bill this year around? Our rundown of the riskiest free agents had several cornerbacks, a marquee left tackle and some notable second-level defenders.

This post appeared first on USA TODAY

The Bobby Hurley Era at Arizona State is in limbo.

There were multiple reports Monday that mentioned the Sun Devils and Hurley are expected to go their separate ways at the end of the season, which could be as soon as Tuesday afternoon in the Big 12 tournament, after 11 years in Tempe.

Hurley entered the 2025-26 season on the final year of his contract and already under heat after the Sun Devils finished with losing records in back-to-back seasons.

Hurley’s contract, which was obtained by the USA TODAY Sports Network, is set to run through June 30 with the Sun Devils. This means, even if the Sun Devils don’t elect to renew Hurley’s contract, there will be some money going to him if he is let go by the athletic department. Hurley is owed approximately $900,000 if he is fired.

The Sun Devils have only made it to the NCAA Tournament three times under Hurley, and have finished with a winning record in four seasons. Hurley, the former Duke guard and brother to Connecticut coach Dan Hurley, has only won 20 or more games four times and has not led the Sun Devils to a conference title.

Since the Sun Devils moved to the Big 12, they are 29-35 overall and 11-27 in Big 12 play. The best win for Arizona State under Hurley in the Big 12 came just last week against No. 16 Kansas and Darryn Peterson in Tempe. It marked just the 15th win over a ranked team in his 11-seasons, and the ninth over a top-15 ranked team.

Arizona State opens up Big 12 tournament play on Tuesday, March 10 at 12:30 p.m. ET against Baylor at T-Mobile Center in Kansas City, Missouri as the No. 12 seed in the bracket.

Bobby Hurley record at Arizona State

Here’s a season-by-season breakdown of how Arizona State has fared under Hurley:

  • 2015-16: 15-17 overall
  • 2016-17: 15-18 overall
  • 2017-18: 20-12 overall (NCAA Tournament)
  • 2018-19: 23-11 overall (NCAA Tournament)
  • 2019-20: 20-11 overall
  • 2021-22: 14-17 overall
  • 2022-23: 23-13 overall
  • 2023-24: 14-18 overall
  • 2024-25: 13-20 overall
  • 2025-26: 16-15 *

* Denotes season still in progress

The USA TODAY app gets you to the heart of the news — fastDownload for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

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/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

1911 Gold Corporation (‘1911 Gold’ or the ‘Company’) (TSXV: AUMB) (OTCQX: AUMBF) (FRA: 2KY) is pleased to announce that, further to the news release dated February 20, 2026, the Company has closed the initial drawdown of US$15 million (the ‘Tranche 1 Amount’) under the loan agreement dated February 19, 2026 (the ‘Loan Agreement’) with Auramet International, Inc. (‘Auramet’), which provides for a US$30 million secured credit facility (the ‘Credit Facility’). It is anticipated that the proceeds from the Credit Facility, including the Tranche 1 Amount, will be used to advance critical operational milestones at the True North Gold Project, specifically providing the capital required to purchase essential mining equipment, underground development at the True North mine, and the installation of the new crushing circuit at the mill.

The outstanding principal amount under the Credit Facility accrues interest at a rate of 12% per annum calculated and payable monthly in arrears on the last business day of each calendar month; provided, however, that no interest shall accrue on the Tranche 1 Amount for a period of six months following the closing date of the initial drawdown of the Tranche 1 Amount (the ‘Closing Date‘). The Tranche 1 Amount shall be amortized and repaid to Auramet in 12 equal monthly instalments of US$1.25 million commencing on the date that is 13 months following the Closing Date and ending on the date that is 24 months following the Closing Date (the ‘Maturity Date‘).

The obligations under the Loan Agreement are secured by a first-ranking security interest on all personal property of the Company and a continuing collateral mortgage against the Company’s True North Gold Project and Rice Lake exploration properties. The Loan Agreement includes terms and conditions customary for a transaction of this nature, including certain specified positive and negative covenants and mandatory prepayment terms.

Subject to the satisfaction of certain conditions precedent, the remaining US$15 million of the Credit Facility will be made available during the period commencing on the date that is 90 days following the Closing Date and ending on the date that is 180 days following the Closing Date.

In consideration for the arrangement of the Credit Facility, on the Closing Date, the Company paid Auramet an arrangement fee of US$1,050,000, representing 3.5% of the aggregate principal amount of the Credit Facility, which fee was satisfied by the issuance of 1,369,600 common shares in the capital of the Company (‘Common Shares‘) at a deemed price of C$1.05 per Common Share. Additionally, in consideration for the lending of the Tranche 1 Amount, on the Closing Date, the Company paid Auramet a drawdown fee of US$375,000, representing 2.5% of the Tranche 1 Amount, which fee was satisfied by the issuance of 489,142 Common Shares at a deemed price of C$1.05 per Common Share, and issued to Auramet 4,500,000 common share purchase warrants of the Company (the ‘Tranche 1 Warrants‘), with each Tranche 1 Warrant exercisable to purchase one Common Share at an exercise price equal to C$1.07 per Common Share, representing a 10% premium to the 5-day volume-weighted average price of the Common Shares on the TSXV for the five consecutive trading days ending on (and including) the date of the Loan Agreement, with such Tranche 1 Warrants expiring on the Maturity Date, subject to acceleration.

The Common Shares and the Tranche 1 Warrants issuable pursuant to the Loan Agreement and the Common Shares underlying the Tranche 1 Warrants are subject to a four-month statutory hold period under applicable Canadian securities laws, which will expire on July 10, 2026.

The securities issuable pursuant to the Loan Agreement have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. This news release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

About Auramet

Auramet is a private company established in 2004 by seasoned professionals who have assembled a global team of industry specialists with over 400 years combined industry experience. It is one of the largest physical precious metals merchants in the world and has provided over $1.5 billion in term financing facilities to date. Auramet offers a full range of services, including physical metals trading, metals merchant banking (including direct lending), and project finance advisory services to all participants in the precious metals supply chain.

About 1911 Gold Corporation

1911 Gold is an advanced gold explorer and developer focused on its 100%-owned True North Gold Project in the Archean Rice Lake Greenstone Belt in Manitoba, Canada. The Company controls a large, highly prospective ~62,000-hectare land package with numerous past-producing gold operations within trucking distance of the fully built and permitted True North mine and mill complex. 1911 Gold is positioning itself to restart operations in 2027 and offers a unique, near-term production opportunity with significant exploration upside. The strategy is to build a district-scale gold mining operation around a centralized, and readily expandable infrastructure to support a socially and environmentally responsible, long-term mining operation with little development risk and a growing mineral resource base.

1911 Gold’s True North complex and the exploration land package are located within and among the First Nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks forward to maintaining open, cooperative, and respectful communications with all of our local communities and stakeholders to foster mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities laws (collectively, ‘forward-looking statements‘). Often, but not always, forward-looking statements can be identified by the use of words and phrases such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or that describe a ‘goal’, or variations of such words and phrases, or statements that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved.

All statements that address expectations or projections about the future, including, but not limited to, statements about the use of proceeds of the Credit Facility, including the Tranche 1 Amount, the timing and ability of the Company to satisfy the conditions precedent in respect of the drawdown of the remaining principal amount under the Credit Facility and the Company’s objectives, goals and future plans and strategies, are forward-looking statements. 

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, predictions, projections, forecasts, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the Company’s inability to satisfy the conditions precedent in respect of the drawdown of the remaining principal amount under the Credit Facility and the Company’s inability to repay the Credit Facility or comply with the covenants set out in the Loan Agreement.

Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE 1911 Gold Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2026/09/c6182.html

News Provided by Canada Newswire via QuoteMedia

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UNCASVILLE, CT ― The No. 1 ranked UConn women’s basketball team won its sixth consecutive Big East Tournament in dominant fashion, 90-51, over Villanova on Monday, March 9, at Mohegan Sun Arena.

The No. 1-seeded Huskies, who have 23 Big East Tournament titles overall, have won 70 straight Big East games. UConn (34-0) is riding a 50-game win streak overall, going back to last season. UConn won its 12th women’s national championship in 2025 and will likely be the No. 1 overall seed on Selection Sunday.

‘We didn’t leave Tampa (with the national championship last season) saying we are going to be undefeated (this) year,’ UConn coach Geno Auriemma said.

‘It’s been an incredible run for us, these players play the best the can every night and that’s all you can ask, their best effort.’

Sarah Strong, named the Big East Tournament Most Outstanding Player, had an impressive stat line with 18 points, eight rebounds, two assists, a steal and a block. Asked how she’s grown as a player, Strong said she tries to do it all.

‘I do a good job of being a good teammate on the court and whatever needs to be done, I always have may teammates backs,’ Strong said.

Senior Azzi Fudd, who was named to all-tournament team, led all UConn scorers with 19 points including eight in the third quarter. Junior KK Arnold, also on the all-tournament team, added 10 points and seven assists. Big East Freshman of the Year Blanca Quiñonez had 13 points and three steals.

‘We scored a lot of points in this tournament, but defense was what drove us in this tournament,’ Auriemma said.

Jasmine Bascoe had 14 points and five rebounds for Villanova (25-6), which will likely get an at-large bid to the NCAA Tournament.

Third quarter: UConn 71, Villanova 42

The Huskies are on their way to their sixth straight Big East Tournament title and 24th overall.

UConn is outscoring Villanova 38-8 in the paint and 19-2 in fast-break points. UConn has four players in double figures led by Azzi Fudd, who has 19 points. Sarah Strong has 18, Blanca Quiñonez 13 and KK Arnold 10.

Fudd around and find out

Azzi Fudd has six points in the third quarter and is up to 17. The senior first-team All-Big East player also has three steals as the Huskies lead by 31 points with five minutes to go in the third quarter.

Halftime: UConn 49, Villanova 23

The Huskies have more than doubled up Villanova, a team that held a halftime lead the last time the two teams played on Feb. 18.

UConn is not playing this time around, dominating the Wildcats in every phase of the game. The Huskies are shooting 55% from the floor, compared to 24% for Villanova. UConn is outrebounding Villanova 19-11.

Sarah Strong has 15 points and Azzi Fudd 11 to lead the Huskies.Kennedy Henry has five points for the Wildcats.

Sarah Strong headed for double-double

The Big East play of the Year has 13 points and eight rebounds. Strong has eight double-doubles this season. The sophomore forward would likely have more but often doesn’t play the fourth quarter because UConn is usually up by double digits.

UConn extends lead

The Huskies are up by 19 at the midway point of the second quarter. Azzi Fudd has four of her six point in the period.

First quarter: UConn 23, Villanova 11

Sarah Strong has seven points and seven rebounds through the first period. The Huskies have 10 fast break points compared to none by the Wildcats. UConn has also controlled the glass, outrebounding Villanova 9-3.

UConn off to a hot start

The Huskies have taken an early 11-3 led by Sarah Strong’s five points.

What time is UConn vs Villanova?

  • Date: Monday, March 9
  • Time: 7 p.m. ET
  • Location: Mohegan Sun Arena (Uncasville, Connecticut)

The UConn Huskies play the Villanova Wildcats in the finals of the Big East Tournament at 7 p.m. ET on Monday, March 9 in Uncasville, Connecticut.

UConn vs Villanova: TV, streaming

  • Stream: Peacock

UConn starting lineup

Villanova starting lineup

This post appeared first on USA TODAY

Garrett Goggin, founder of Golden Portfolio, says although gold and silver haven’t gone mainstream yet, the metals — and the mining sector overall — have entered a new era.

‘It’s a real mind shift — it’s a new era in mining right here,’ he said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Jaime Carrasco, senior portfolio manager and senior financial advisor at Harbourfront Wealth Management, shares his outlook for gold and silver, saying prices must rise much higher.

He also talks about how to build a strong precious metals portfolio.

‘We’re moving from a credit-based economy, a bubble that is blowing up, to a resource-based economy — and that’s very healthy going forward,’ Carrasco said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Byron King, editor at Paradigm Press, shares his approach to the gold and silver sectors as tensions in the Middle East intensify, also touching on oil and gas.

Overall he sees hard assets becoming increasingly key as global uncertainty escalates.

‘Own gold, own silver — physically own the metal for your own benefit,’ said King.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

After-tax NPV(8%) of $473M (US$346.6M) and 2.2-year payback from start of production with IRR of 48.8% at US$1,000/mtu WO3

Key Highlights:

  • Additional Payback Metrics: Payback1 of approximately 2.2 years from commencement of commercial production corresponding to approximately 4.2 years from start of construction under the medium / US$1,000/mtu WO₃2 case.

  • Capital Efficient Development: Initial capital cost3 of approximately $124.2 million (USD $91 million), with a compact infrastructure layout designed to support efficient underground mining and processing operations.

  • Strong Annual Cash Flow Generation: Average annual revenue of approximately $252,517 million (US$184,886 million), average annual EBITDA of approximately $142,181 million (US$104,101 million), and average annual free cash flow of approximately $96,279 million (US$70,493 million) over the initial mine plan at US$1,000/mtu WO₃.4

  • Integrated Infrastructure Design: Project infrastructure includes planned hydro electric power connection, water supply and recycling systems, road access, and paste backfill integration to support operations while minimizing environmental footprint.

  • Significant Upside Leverage: After-tax IRR of 78.4% and NPV(8%) of $963.8 million (USD $706.4 million) at USD $1,500/mtu WO₃.

  • Resource Growth Underway: Fully funded 20,000-metre drill program continues to target resource expansion, confidence conversion and potential mine life extension beyond the initial 11-year production plan, targeting resource expansion and confidence conversion.

All amounts in Canadian dollars unless stated otherwise.4

Vancouver, British Columbia–(Newsfile Corp. – March 9, 2026) – Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) (‘Allied‘ or the ‘Company‘) is pleased to provide additional economic and technical detail from the recently announced Preliminary Economic Assessment (‘PEA’) for its 100%-owned Borralha Tungsten Project (‘Borralha’ or the ‘Project’) in northern Portugal. The Project’s previously announced PEA economics remain unchanged.

Roy Bonnell, CEO & Director of Allied, commented: ‘Following the release of our initial Borralha PEA, we received strong investor interest in additional project-level detail. This supplementary disclosure highlights the Project’s capital efficiency, strong annual cash generation and well-developed infrastructure platform. Importantly, the underlying economics of the PEA remain unchanged, while the additional payback presentation provides another useful reference point for investors evaluating project returns and the strong leverage Borralha has to tungsten prices.’

This additional disclosure provides greater clarity on Borralha’s capital efficiency, expected cash flow generation and rapid capital recovery profile. The Borralha PEA outlines a capital-efficient underground tungsten development project within the European Union, demonstrating strong economic returns across a range of tungsten price assumptions and significant leverage to current market prices.

The Borralha PEA continues to demonstrate a technically robust and capital-efficient underground tungsten development project within the European Union. As previously announced, the PEA was evaluated under three pricing frameworks: the Base case of $962/mtu WO₃ (US$704/mtu WO₃), $1,365/mtu WO₃ (US$1,000/mtu WO₃), and $2,049/mtu WO₃ (US$1,500/mtu WO₃), while mine design and cut-off grade selection were developed using a conservative tungsten price assumption of $900/mtu WO₃ (US$659/mtu WO₃). The Company is providing the additional metrics below to facilitate investor understanding of project capital intensity, cash flow generation and payback presentation.

For additional reference, the Company is presenting payback under two different measurement bases. The previously disclosed payback metrics were measured from the start of construction (SC), consistent with standard technical study practice. To facilitate comparison with industry benchmarks, the Company is also providing indicative payback measured from the commencement of commercial production (CCP).

Table 1 – Economic Results (After-Tax)

Scenario Price1 NPV (8%)2 IRR3 Payback SC4 Payback CCP4
Medium $1,365/mtu
(USD $1,000/mtu)
$473.4M
(USD $346.6M)
48.8% 2.2 years 4.2 years
Base $962/mtu
(USD $704/mtu)
$182.7M
(USD $134.0M)
27.2% 3.8 years 5.8 years
High $2,049/mtu
(USD $1,500/mtu)
$963.8M
(USD $706.4M)
78.4% 1.2 years 3.2 years

 
Notes:

  1. NPV is a Non-GAAP measure; see notes below for additional information regarding NPV. M = million.
  2. IRR is a Non-GAAP measure; see notes below for additional information regarding IRR.
  3. Payback is a Non-GAAP measure. see notes below for additional information regarding payback.

Payback measured from the start of construction reflects recovery of initial capital over the full development and operating timeline, while payback measured from the start of commercial production excludes the construction phase and is presented for comparative reference only.

The results highlight significant sensitivity to tungsten price while maintaining positive economics under conservative long-term assumptions.

In the Base Case scenario, tungsten (WO₃) represents approximately 96% of project NPV, with minor contributions from copper (~3%) and tin (<1%), based on NSR contribution. This highlights that the Borralha Project economics are overwhelmingly driven by tungsten.

For reference, current reported tungsten market prices remain materially above the US$1,000 per mtu sensitivity case presented in the PEA, reaching approximately $2,998 per mtu (US$2,195 per mtu) as of March 6, 2026 (Source: Fastmarkets).

Mineral Resource Estimate

This initial PEA is based on the updated Mineral Resource Estimate (‘MRE’ or ‘2025 MRE’) for the Santa Helena Breccia, which were presented in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’) in the Company’s current technical report on Borralha (the ‘Technical Report’) entitled ‘Technical Report on the Borralha Property, Parish of Salto, District of Vila Real, Portugal’, dated effective December 30, 2025, which is published on the Company’s website at www.alliedcritical.com and under its profile on SEDAR+ at www.sedarplus.ca.

Under the 2025 MRE, the Santa Helena Breccia has been tested by 41 drill holes and surface trenching over approximately 400 meters of strike length and to depths exceeding 350 meters below surface. Mineralization remains open along strike and at depth. The cut-off grade of 0.09% WO3was selected based on reasonable prospects for eventual economic extraction under conceptual underground mining and gravity-dominant processing assumptions, including a very conservative tungsten price of USD$ 550/mtu WO₃ and assumed recovery of approximately 80% (for MRE cut-off determination only).

Table 2 -2025 MRE for Borralha (see also Technical Report for further details)

Clasification Tonnes (Mt) Grade (% WO3)
Measured + Indicated 13.0 0.21
Inferred 7.7 0.18

 

Initial Capital Allocation and Operational Costs

The Borralha PEA estimates initial capital7 of approximately US$91 million, with sustaining capital8 of approximately US$87 million and total life-of-mine capital9 of approximately US$178 million. The initial capital requirement reflects a compact project design integrating underground mine development, process plant construction and site infrastructure.

Table 3 – Initial Capital Costs

Category CAD$M* US$M
Underground development 21.6 15.8
Processing plant 23.1 16.9
Paste backfill plant 5.9 4.3
Surface infrastructure 6.7 4.9
Power connection 9.8 7.2
EPCM / indirect costs** 16.4 12.0
Contingency 6.0 4.4
Tax incentives 34.3 25.1
Subtotal Initial Capital 123.7 91.5

 
*Canadian dollar (CAD) equivalents calculated used a foreign exchange rate of CAD $1.3658/USD.
**EPCM = Engineering, Procurement, and Construction Management.

Certain development expenditures may also qualify for applicable Portuguese investment tax incentives, which could partially offset initial capital expenditures.

Table 4 – Operating Cost10 Breakdown

Cost Category US$/t Processed
Mining 41.2
Processing 13.2
G&A 5.0
Transport 0.02
TC/RC* 0.51
Total Operating Cost** 59.3

 
*TC/RC = Treatment Changes and Refining Charges. These are fees paid by mining companies to smelters to process raw material concentrate into refined metal.
**Operating costs for life-of-mine used for mine design average approximately US$49/t processed, based on the Sub-Level Long Hole Stoping (SLOS) mining method. Limited areas may utilize Drift & Fill mining, which carries higher unit costs. In the economic model, operating costs are expressed in nominal US dollars and escalated annually for inflation, resulting in an average life of mine operating cost of approximately US$59/t processed, including transportation and treatment/refining charges.

Concentrate Marketing Assumptions

The PEA assumes production of a marketable tungsten concentrate grading approximately 65% WO₃ using a gravity-dominant flowsheet. Concentrate pricing assumptions are based on industry-standard tungsten concentrate marketing structures, incorporating typical 80% payability terms and treatment charges applicable to the tungsten market.

The Project benefits from relatively clean mineralogy dominated by wolframite, which generally reduces impurity-related penalties relative to more complex tungsten concentrates.

Capital Efficiency

The relatively modest initial capital requirement reflects several favourable project characteristics, including:

  • compact underground mining footprint
  • gravity-dominant processing flowsheet
  • access to regional infrastructure including grid power
  • limited earthworks due to site topography
  • moderate plant throughput of 1.4 million tonnes per annum (Mtpa) of mineralized material
  • potential Portuguese investment incentives

These factors contribute to a capital-efficient development scenario compared with many global tungsten projects.

Simplified Annual Cash Flow Metrics

The initial Borralha mine plan is expected to generate strong annual cash flow11 supported by life-of-mine average production of approximately 1,708 tonnes WO₃ per annum, a nominal processing rate of 1.4 Mtpa, and an average mill feed grade of approximately 0.20% WO₃.

Table 5 – Cash-Flow11 Table

Cash Flow Metric Base Case
US$704/mtu WO₃
Medium Case
US$1,000/mtu WO₃
High Case
US$1,500/mtu WO₃
Average annual revenue 131,749 184,886 274,686
Average annual EBITDA 53,374 104,101 189,860
Average annual pre-tax operating cash flow 40,405 91,132 176,890
Average annual free cash flow 35,815 70,493 128,785
Life-of-mine revenue 1,449,234 2,033,747 3,021,554
Life-of-mine free cash flow 393,973 775,428 1,416,640

 

Infrastructure and Site Requirements

The Borralha Project benefits from favourable site conditions and access to existing regional infrastructure, supporting a capital-efficient development.

Surface infrastructure has been designed to concentrate industrial and administrative facilities within a compact footprint, minimizing environmental disturbance while ensuring operational efficiency. The process plant, paste backfill facility, workshops, administrative buildings and support infrastructure will be located on a centralized platform adjacent to the orebody.

Access to the site will utilize existing regional roads connected to the municipal road CM1025-2. Dedicated routes for light and heavy vehicles have been designed to ensure safe operations while minimizing earthworks and environmental impact.

A comprehensive water management system has been designed to support mining and processing operations. Water supply is expected to be sourced from local groundwater and surface water resources, with water recycling integrated into the process flowsheet. Three retention basins will provide operational water storage, sedimentation and environmental control.

Electrical power will be supplied through connection to the Portuguese national grid via a planned 60 kV overhead line linking the Borralha substation to the SE Frades (REN) substation over approximately 6.5 km. The design complies with applicable national standards and incorporates environmental protection measures.

The project infrastructure design integrates processing, backfill, water management and power supply systems to support efficient underground mining operations while minimizing environmental impact.

Key Infrastructure Advantages

  • Grid power connection (60 kV line – 6.5 km)
  • Local groundwater and surface water available for operations
  • Existing regional road access to site
  • Compact site layout minimizing environmental footprint
  • Paste backfill and water recycling integrated into plant design

Ongoing Growth Strategy

The current initial PEA is based only on the Santa Helena Breccia deposit and an initial 11-year production plan. The Company’s fully funded 20,000-metre drill program is underway and is targeting:

  • expansion of the current Mineral Resource;
  • conversion of Inferred Mineral Resources into higher-confidence categories;
  • potential extension of mine life beyond the initial plan; and
  • evaluation of throughput optimization and future project scale growth.

The Company intends to continue advancing Borralha through additional drilling, engineering optimization, metallurgical refinement, geotechnical and hydrogeological studies, and progression toward the next stage of technical study.

Qualified Persons

The scientific and technical information contained in this news release has been reviewed and approved by the following Qualified Persons, as defined under NI 43-101:

J. Douglas Blanchflower, P.Geo.

Mr. Blanchflower is an independent Qualified Person under NI 43-101 and was retained by Allied Critical Metals Inc. to prepare the NI 43-101 Technical Report dated effective December 30, 2025. He has overall responsibility for the 2025 MRE and the Technical Report. Mr. Blanchflower is a Registered Professional Geoscientist in good standing with the Association of Professional Engineers and Geoscientists of British Columbia (No. 19086) and has more than five decades of experience in mineral exploration, resource estimation, and technical reporting. Mr. Blanchflower has reviewed and approved the scientific and technical information in this news release relating to the mineral resource estimate.

David Castro López, BSc, MIMMM, QMR

Mr. Castro López is a Mining Engineer and a Professional Member (MIMMM #685484) and Qualified for Minerals Reporting (QMR) of the Institute of Materials, Minerals and Mining (IOM3). He is independent of the Company and the Borralha Project. Mr. Castro López contributed to the metallurgical review and process design considerations supporting the PEA and takes responsibility for the metallurgical and mineral processing information contained herein. Mr. López has reviewed and approved the scientific and technical information in this news release relating to the metallurgical and mineral processing information contained herein.

Miguel Cabal, EurGeol, Licensed Geologist

Mr. Cabal is a licensed geologist with the European Federation of Geologists (EuroGeol #1439) with over 28 years of experience in mineral exploration, resource evaluation and mine development. He is Managing Director of Geomates (Spain) and has contributed to multiple NI 43-101 and JORC-compliant technical reports, including PEA, PFS and feasibility studies. Mr. Cabal is independent of Allied Critical Metals Inc. and the Borralha Project and has reviewed and approved the mining and economic components of the PEA. Mr. Cabal has reviewed and approved the scientific and technical information in this news release relating to the mining and economic components of this news release.

Vítor Arezes, BSc, MIMMM, QMR

Mr. Arezes is Vice President Exploration of Allied Critical Metals Inc. and a Qualified Person under NI 43-101. He is not independent of the Company due to his role as an officer. Mr. Arezes has extensive experience in tungsten and polymetallic mineral systems and has conducted multiple site visits to the Borralha Project, including during the 2025 drilling campaign. He contributed to geological interpretation, exploration oversight, and technical review supporting the PEA. He is a member of the Institute of Materials, Minerals and Mining (MIMMM #703197) and a Qualified Mineral Resources and Ore Reserves Professional (QMR), and by reason of education, professional experience, and accreditation, meets the definition of a Qualified Person as defined in NI 43-101. Mr. Arezes has reviewed and approved all of the scientific and technical information in this news release.

About Allied Critical Metals Inc.

Allied Critical Metals Inc. is a Canadian-based mining company focused on the advancement and revitalization of its 100%-owned Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal.

The Borralha Project is one of the largest undeveloped tungsten resources within the European Union and benefits from a favourable Environmental Impact Declaration (DIA), positioning the Project for advancement toward feasibility and development. Vila Verde represents additional exploration upside within the same strategic jurisdiction.

Tungsten has been designated a critical raw material by the United States and the European Union due to its strategic importance in defense, aerospace, manufacturing, automotive, electronics and energy applications. Currently, China, Russia and North Korea account for approximately 87% of global tungsten supply and reserves, highlighting the importance of secure western sources.

Further details regarding the Borralha Project are available in the Company’s NI 43-101 Technical Report dated December 30, 2025, filed on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.alliedcritical.com.

ON BEHALF OF THE BOARD OF DIRECTORS

‘Roy Bonnell’
CEO and Director

Additional information is also available by contacting the Company:

Dave Burwell
Vice President, Corporate Development
daveb@alliedcritical.com
Tel:403-410-7907
Toll Free: 1-800-221-0915

Please also visit our website at www.alliedcritical.com.

Also visit us at:
LinkedIn: https://www.linkedin.com/company/allied-critical-metals-inc/
X: https://x.com/@alliedcritical/
Facebook: https://www.facebook.com/alliedcriticalmetals/
Instagram: https://www.instagram.com/alliedcriticalmetals/

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities laws (‘FLI‘). FLI in this release includes, without limitation, statements regarding: (A) the PEA results and economic indicators (e.g., NPV, IRR, payback and related sensitivities); (B) the conceptual mine plan and operating framework (mining approach, processing rates, production profiles, cost ranges and schedules); (C) the technical basis and process assumptions (cut-off approach, flowsheet concept and anticipated concentrate specifications); (D) the status and trajectory of permitting and approvals, infrastructure access and other site requirements; (E) market-related assumptions and the Project’s sensitivity and leverage to commodity pricing; (F) growth, conversion and expansion opportunities, including planned drilling and other technical programs; (G) the anticipated sequence of future studies, potential financing pathways and indicative timelines; and (H) the Project’s strategic positioning relative to regional and policy objectives. Such FLI is identified by, among other things, words such as ‘plans’, ‘expects’, ‘is expected’, ‘aims’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, ‘potential’, ‘target’, ‘opportunity’, ‘may’, ‘could’, ‘would’, ‘might’, ‘will’ and similar terminology, as well as statements regarding outcomes that ‘will’, ‘should’ or ‘would’ occur.

Material assumptions underlying the FLI include, but are not limited to: the accuracy of the 2025 MRE; geological continuity; the PEA-level capital/operating cost estimates (with typical PEA accuracy ranges); metallurgical recoveries and process performance consistent with test results to date; availability of labour, equipment and consumables at quoted/priced levels; access to grid power and water on contemplated terms; the ability to obtain land access, permits and approvals (including RECAPE) in a timely manner; tungsten pricing consistent with Argus long-term forecasts or stated sensitivity cases; foreign exchange and inflation consistent with study inputs; and availability of financing on acceptable terms. The Company believes these assumptions are reasonable as of the date hereof, but no assurance can be given that they will prove correct.

The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves. There is no certainty that the PEA results will be realized. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. Any reference to potential production, mine life, NPV, IRR, payback, costs, recoveries, or other economic or technical parameters is preliminary and conceptual.

Key risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the FLI include, but are not limited to: (i) exploration, geological, modelling and grade-continuity risks, including the risk that further work does not confirm Inferred material or resource extensions; (ii) risks that metallurgical performance, WO₃ recoveries, concentrate quality or processing costs differ from test work and assumptions; (iii) capital cost escalation, schedule delays, contractor availability and supply-chain constraints; (iv) operating cost inflation (power, reagents, labour, transportation); (v) commodity price and FX volatility (including sustained periods below the Argus long-term or sensitivity prices assumed); (vi) permitting, environmental, social, community, land access and regulatory risks in Portugal (including RECAPE outcomes and permit conditions); (vii) water, tailings and geotechnical/hydrogeological risks inherent in underground operations; (viii) offtake, marketing and market-access risks for tungsten concentrates; (ix) availability and cost of equity, debt or project finance on acceptable terms; (x) changes in laws, regulations, taxes, royalties, or government policies; and (xi) other risks described under ‘Business Risks’ in the Company’s most recent MD&A and in other continuous disclosure filings available on SEDAR+. Readers are urged to carefully review those risk factors, which are expressly incorporated by reference into this cautionary note.

Non-GAAP Financial Measures

The Company has included certain non-GAAP financial measures in this press release. These financial measures are not defined under International Financial Reporting Standards (‘IFRS‘) and should not be considered in isolation. The Company believes that these financial measures, together with financial measures determined in accordance with IFRS, provide investors with an improved ability to evaluate the underlying performance of the Company. The inclusion of these financial measures is meant to provide additional information and should not be used as a substitute for performance measures prepared in accordance with IFRS. These financial measures are not necessarily standard and therefore may not be comparable to other issuers.

Net Present Value (NPV) – is the present value calculation of net profit from operations determined using a particular discount rate. All NPV values stated herein are on an after tax basis.

Internal Rate of Return (IRR) – is a financial metric used to assess an investment’s profitability by calculating the annual rate of return that makes the NPV of all cash flows (both positive and negative) equal to zero.

Payback – is calculated in years as the length of time that it takes to pay off the capital costs from annual net profit expected from operations at the Borralha Project.

Initial capital – is the initial capital cost amount required to be expended to construct the mine and tungsten concentrator process equipment and buildings to begin processing mineralized material into saleable tungsten concentrate at commercial quantities according to the life of mine plan at the Borralha Project. Table 3 above provides a breakdown of the initial capital costs. This is an estimate accurate to +/-35%.

Sustaining capital – is a supplementary financial measure which reflects cash basis expenditures which are expected to maintain operations and sustain production levels at the Borralha Project.

Capital costs or Total life of mine capital costs – include the Initial capital and the sustaining capital.

Operating costs – are the costs required to process mineralized material into saleable tungsten concentrate at the Borralha Project. This includes: underground mining; processing and plant operations; general and administrative costs; and site services and infrastructure support (see Table 4 above for a breakdown of the operating costs). This can be calculated on the unit basis per mtu WO3 produced.

Cash flow – includes average annual revenue, average annual EBITDA (earnings before interest, taxes, depreciation and amortization), average annual pre-tax cash flow, average annual free cash flow, life of mine revenue, life of mine free cash flow. Average annual revenue is the average annual gross revenue over the life of mine. Average annual EBITDA is the average annual EBITDA over the life of mine. Average annual pre-tax cash flow is the average over the life of mine of the annual free cash flow prior to deduction of taxes. Life of mine revenue is the total gross revenue over the life of mine. Life of mine free cash flow is the total free cash flow over the life of mine. Free cash flows are revenues net of operating costs, royalties, working capital adjustments, capital expenditures and cash taxes. The Company believes that this measure is useful to readers in assessing the Company’s ability to generate cash flows from Borralha.

All-In Sustaining Costs (AISC) – are comprised of sustaining capital expenditures and site level costs to support ongoing operations and closure costs. All-in sustaining costs per mtu WO3 is calculated as AISC divided by the amount of mtu WO3 produced during the period that the costs are incurred. All-in sustaining costs capture the important components of the Company’s production and related costs and are used by the Company and investors to understand projected cost performance at the Borralha Project. Adoption of the all-in sustaining cost metric is voluntary and not necessarily standard, and therefore, this measure presented by the Company may not be comparable to similar measures presented by other issuers. The Company believes that the all-in sustaining cost measure complements existing measures and ratios reported by the Company. All-in sustaining cost includes both operating and capital costs required to sustain WO3 production on an ongoing basis. Sustaining operating costs represents expenditures expected to be incurred at the Project that are considered necessary to maintain production. Sustaining capital represents expected capital expenditures comprising mine development costs, including capitalized waste, and ongoing replacement of mine equipment and other capital facilities, and does not include expected capital expenditures for major growth projects or enhancement capital for significant infrastructure improvements.

1 Payback is a Non-GAAP measure. See notes below for additional information regarding payback.
2 mtu/WO3 = metric tonne unit of tungsten; WO3 is tungsten trioxide.
3 Initial capital cost is a Non-GAAP measure. See Table 3 below for a breakdown of the costs and the notes below for additional information regarding initial capital cost.
4 Average annual revenue, average annual EBITDA, and average annual free cash flow are Non-GAAP measures. See notes below for additional information.
5 NPV(8%) = net present value at a 8% discount rate. NPV is a Non-GAAP measure; see notes below for additional information regarding NPV. USD = United States dollars. Canadian dollar (CAD) equivalents calculated used a foreign exchange rate of CAD $1.3658/USD.
6 IRR = internal rate of return. IRR is a Non-GAAP measure; see notes below for additional information regarding IRR.
7 Initial capital cost is a Non-GAAP measure. See Table 3 above for a breakdown of the costs and the notes below for additional information regarding initial capital cost.
8 Sustaining capital is a Non-GAAP measure. See notes below for additional information regarding sustaining capital.
9 Total life of mine capital cost is a Non-GAAP measure. See notes below for additional information regarding total life of mine capital cost.
10 Operating cost is a Non-GAAP measure. See Table 4 for a breakdown of the Operating Costs and the notes below for additional information regarding Operating Cost.
11 Cash flow is a Non-GAAP measure. See Table 5 for a breakdown of the cash flow and the notes below for additional information regarding cash flow.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287858

News Provided by TMX Newsfile via QuoteMedia

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Four days after a trade that sent him from the Kansas City Chiefs to the Los Angeles Rams, Trent McDuffie locked in even more certainty about his future.

McDuffie and the Rams on Sunday agreed to a four-year, $124 million contract extension, according to multiple reports, making the cornerback the highest-paid player at his position in league history.

His $31 million in average annual value rockets past the previous high of $30.1 million, which was set by Sauce Gardner last summer, when the Indianapolis Colts cornerback was still with the New York Jets.

McDuffie’s deal also includes $100 million guaranteed, per reports – more than $10 million higher than the next closest player in the Houston Texans’ Derek Stingley Jr. ($89 million).

The Rams sent a package of four draft picks – including the No. 29 overall selection this year – to the Chiefs in exchange for McDuffie. The swap can not become official until the start of the new league year on Wednesday.

McDuffie, an All-Pro selection in 2023, had widely been expected to strike an extension with the Rams after news of the trade broke. The 2022 first-round pick had been set to play on his fifth-year option for $13.63 million.

In Los Angeles, McDuffie will be counted on to shore up the most glaring weakness for a team that general manager Les Snead is trying to make the most of its remaining time with reigning NFL MVP Matthew Stafford. Los Angeles’ pass defense unraveled down the stretch, and the defense finished the year ranked 22nd in passing yards allowed per game (225.6).

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